Norwin S & Elizabeth N Bean Foundation

Organization Overview

Norwin S & Elizabeth N Bean Foundation is located in Manchester, NH. The organization was established in 1966. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Norwin S & Elizabeth N Bean Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2023, Norwin S & Elizabeth N Bean Foundation generated $676.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (4.9%) each year. All expenses for the organization totaled $767.2k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.

Since 2014, Norwin S & Elizabeth N Bean Foundation has awarded 344 individual grants totaling $5,701,532. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

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Board, Officers & Key Employees

Name (title)Compensation
John F Dinkel
Senior Trustee
$0
Thomas J Donovan
Senior Trustee
$2,500
Richard Sigel
Term Trustee
$1,500
Katy Easterly-Martey
Term Trustee
$1,500
Robert Heaton
Term Trustee
$2,500
Kristen Mccracken
Term Trustee
$1,500

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $17,509
Dividends & Interest $439,891
Net Rental Income$0
Net Gain on Sale of Assets $219,347
Capital Gain Net Income $219,347
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $676,747

Grants Awarded

Over the last fiscal year, Norwin S & Elizabeth N Bean Foundation has awarded $598,726 in support to 32 organizations.

Grant RecipientAmount

AMERICAN RED CROSS OF NH

PURPOSE: PURCHASE POWER RED BLOOD MACHINE FOR MANCHESTER BLOOD CENTER

$15,622

ANDY'S SUMMER PLAYHOUSE

PURPOSE: TO SUPPORT TOURING PRODUCTION PERFORMED BY YOUNG ARTISTS FOR YOUNG AUDIENCES - ALL TUITION FREE

$25,000

AVIATION MUSEUM OF NH

PURPOSE: TO SUPPORT EDUCATIONAL PROGRAMMING AND OUTREACH TO STUDENTS IN THE MANCHESTER SCHOOL DISTRICT AT MIDDLE AND HIGH SCHOOL LEVEL

$15,570

CITY OF MANCHESTER

PURPOSE: ADDRESS HOMELESSNESS

$15,000

BREAKTHROUGH MANCHESTER

PURPOSE: TO SUPPORT TUITION-FREE COLLEGE ACCESS PROGRAM FOR STUDENTS FROM MANCHESTER FROM TRADITIONALLY UNDERSERVED COMMUNITIES

$25,000

COMMUNITY CAREGIVERS OF DERRY

PURPOSE: FOR MEDICAL EQUIPMENT

$5,000
View Grant Profile

Peer Organizations

Organization NameAssets
The Patrick J Mcgovern Foundation Inc
Boston, MA
$18,432,891
The Morningside Foundation
Newton Centre, MA
$64,265,308
One8 Foundation
Boston, MA
$32,279,319
Adelson Family Foundation
Needham, MA
$39,973,149
Jeremy And Hannelore Grantham Environmental Trust
Boston, MA
$65,881,649
Flatley Foundation
Braintree, MA
-$15,458,032
Growald Climate Fund Inc
Brookline, MA
$29,383,813
Edward C Johnson Fund
Boston, MA
$105,598,690
Richard And Susan Smith Family Foundation
Newton, MA
$30,619,653
Iiegn Family Foundation
Boston, MA
$1,021,594
Tjx Foundation Inc
Framingham, MA
$34,877,412
Td Charitable Foundation
Falmouth, ME
$25,145,042
Lunder Foundation
Portland, ME
$42,005,213
Broad Reach Foundation
Boston, MA
$14,590,431
State Street Foundation Inc
Boston, MA
$25,101,170
Eastern Bank Charitable Foundation
Lynn, MA
$22,964,256
Rannie Webster Foundation
Rye, NH
$14,821,590
Champions Of Love Foundation Inc
Boston, MA
$43,678,647
Peter And Ann Lambertus Family Foundation Inc
Boston, MA
$9,426,539
Elmina B Sewall Foundation
Freeport, ME
-$3,635,299
Richard K Lubin Family Foundation
Boston, MA
$48,814,773
P M Allen Family Foundation
Hanover, NH
$16,055,673
Schooner Foundation
Boston, MA
$17,575,111
Amelia Peabody Foundation
Topsfield, MA
$16,470,894
Collings Foundation
Hudson, MA
$1,037,468

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